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YAQUI 



LAND CONVERTIBLE STOCK. 



The time to buy land is when it is cheap. Land is worth 
now in Southern California as many hundred dollars an acre as 
it cost dollars twenty years ago. Secure property in Sonora 
now, and make the profit yourself. 

Frost destroyed five million dollars' worth of fruit in Cali- 
fornia last year. 

There are no frosts that hurt on the Yaqui. 

The winds did untold damage in California year before last. 

There are no destructive winds in the Yaqui country. 

Southern California is suffering much this year for want of 
water. 

OiLr Yaqui River will never fail to give us all we need. 

The range of temperature on the Yaqui is about the same as 
in Los Angeles, except that it is about ten degrees warmer in 
summer and tv/enty degrees warmer in winter. 

It is a country of unrivaled healthfulness. 

Sonora has always been noted for the longevity of its people. 

It is in Mexico, but in the redeemed Mexico of to-day — the 
Mexico of Diaz, and not the Mexico of Santa Ana. It is iri 
Sonora, but not the Sonora of the California filibusters. People 



now have no locks on their doors, and property is as safe as it 
is anywhere in the United States. 

The Sonora and Sinaloa Irrigation Company have decided to 
offer for sale thirty thousand shares of their new issue of land- 
convertible stock at the rate of $6.00 a share, United States 
currency, subject to the right to raise the price at any time, at 
the discretion of the Directors. Every alternate share of stock 
is exchangeable for an acre of land, with water right attached, 
in any of the odd-numbered sections of the Company s land 
not previously taken or appropriated. 

The quotations in the appendix to this pamphlet, from the 
most eminent and satisfactory authorities, will show the char- 
acter, capacity and value of this land. Compared with land 
about Los Angeles, which is now selling for from $200 to $500 
an acre, it may be said : 

1. The climate in the Yaqui country is better. We have no 
destructive winds or frosts. There is practically no winter 
during the whole twelve months. Three crops of Indian corn 
can be harvested each year, and the Sonora oranges are the 
finest in the world. 

2. The soil is deeper and more fertile. In some places on 
land similar to ours, and near us, wheat has been grown for one 
hundred years without fertilizers, and the crop is now as good 
as ever. 

3. We have an abundant supply of water for irrigation. The 
water-shed of the Yaqui River covers an area equal to the 
combined areas of New Hampshire, Massachusetts, Connecticut, 
and Rhode Island, and more water flows to the sea each year 
past the head gates of our canal than is used for irrigation in 
all North America. 

At the lowest stage of the water there is an abundance for 
all present needs, and if there is ever a scarcity it can be 
remedied by a system of easily and cheaply constructed 
storage reservoirs in the mountains. 



4. We shall have the best of markets. The local demand for 
all breadstuffs is very great. The richest mining regions in 
northern Mexico are in the mountains directly east of us ; our 
lands extend to the sea, and our produce can be distributed by 
water all along the coast, both in Mexico and in the United 
States, and the proposed Mexican Pacific Coast Railroad runs 
through our property. 

Until our local railroad, which we have in contemplation, is 
built, Guaymas is our railroad station, distant thirty miles 
(over which there is communication by water most of the way) 
from the nearest portion of our lands, and Guaymas is in 
direct communication with New York, Chicago, St. Louis and 
New Orleans, and is nearer to all of them than is either Los 
Angeles or San Francisco. 

The tariffs are in our favor. The United States has now 
and always will have, at most, only a light tariff on agricultural 
products. 

Mexico, from the very necessities of her revenue, must and 
does impose a heavy tariff. The result to us of the tariffs of 
the two nations is that we find our market in the United States 
substantially uninjured, while our market in Mexico is pro- 
tected most abundantly. 

Mexico is to-day the best market for breadstuffs in the world. 
Flour is actually selling now in Sonora for $14.00 a barrel, corn 
$1.50 a bushel, bacon and lard 40 cents a pound and sugar 20 
cents a pound. There is abundant room in these prices to 
allow for liberal rates of exchange and still give the producer a 
handsome profit. It will be a long time before the local market 
will be so exhausted that there need be any serious reduction 
in prices. Mexico does not to-day come anywhere near feed- 
ing her own people, and it will take many other enterprises like 
ours to enable her to do so for many years to come. 

Old " Forty-Niners " will remember the California market in 
the times before the war. Sonora is the California of Mexico, 



and history repeats itself. Perhaps they may some time have 
low prices for wheat, and have the scale on the orange trees 
there, but these will be problems for another generation to 
grapple with. Meanwhile, the wise man will grapple with his 
opportunities, and there is abundant time to get in a good crop 
of hay before the sky gets cloudy. 

5. The government and the people of Mexico are now wel- 
coming capital, enterprise and colonization from the United 
States, and are ready to receive our settlers with open arms. 
A wise and great statesman sits in the presidential chair of our 
sister republic ; the iron rails have united the two nations so 
that they have a common interest and a common future, and 
the success of one will inevitably mean the prosperity of the 
other. Old jealousies are dying away and a new generation is 
on the scene. The " gringo " has become " the Yankee," and 
we have made the great discovery that the Anglo-Saxon and 
the Latin, the Puritan, the Californian and the Mexican all be- 
long to the great brotherhood of man. American settlers in 
Mexico will find a very different state of affairs there now from 
what they have been accustomed to read of in the books, and 
their success will be of their own making. 

We have not a $700,000 Court House in the Yaqui country 
as they have in Los Angeles, but then, on the other hand, we 
have not a $700,000 Court House debt to pay interest on. In 
Sonora the boom is ahead of us instead of behind us. 
Californians will know what this means. The man that buys 
one hundred shares of the Yaqui land convertible stock will be 
entitled to exchange fifty shares of it for fifty acres of land, 
with water right attached, under the Yaqui irrigating canal. 
That fifty acres of land will produce three crops of corn, or a 
crop of corn and a crop of wheat, or five crops of alfalfa, or, if 
set out to oranges or lemons, will yield the best fruit in the 
world, and do it every year. 

After securing this land the purchaser will have fifty shares 



of stock left. Let us see what this amounts to. The Sonora 
and Sinaloa Irrigation Company is organized under the liberal 
Statute laws of the State of New Jersey, and has its princi- 
pal Eastern Office at 58 William Street, New York, and its 
Western headquarters at Cocorit, Sonora. 

The Company is now the absolute and recognized owner of 
the concession made by the Mexican Government to Don 
Carlos Conant, August 22, 1890, and confirmed by a law of the 
Mexican Congress, passed December 30, 1890; and of all the 
rights and privileges, grants and conveyances of land, and 
future contracts for the acquirement of the lands granted by or 
acquired under this concession. 

The Company is also the absolute owner in fee simple of 
547,000 acres of land acquired under this concession, 400,000 
acres of which lie under the Yaqui Canal, now being com- 
pleted, and every acre of which can be irrigated by the canal, 
and it is entitled to the exclusive use of two-thirds of all the 
water flowing in the Yaqui River, for the irrigation of these 
lands by means of this canal. 

The concession also gives the Company very valuable im- 
munities from Federal and local taxation, and valuable rights 
under the rivers Mayo and Fuerte, south of the Yaqui in 
Sonora and Sinaloa. We shall be glad to send a translated 
copy of this concession to any one who wishes to study in 
detail its carefully drawn provisions. 

The Capital Stock of the Company consists of 200,000 shares 
of ordinary stock, with the right to issue 100,000 shares more 
of land-convertible stock of which this 30,000 shares is the first 
installment. The price of this is now $6.00 a share, but it is 
very probable that it will be raised before the 30,000 shares are 
all sold. It may be raised at any time, and certainly no more 
than this 30,000 shares will be offered at this price. 

The proceeds of the sale of this stock will be used for the 
completion of the canal and the improvement of the property. 



Work on the canal was begun in August, 1892, and has pro- 
gressed steadily since then. The deep rock-cut at the head of 
the canal is now about three-fourths completed, and the heavy 
earthwork of the first four miles beyond that, which is being 
done by a powerful Marion steam shovel, moving earth at 
the rate of one hundred cubic metres an hour, is now about 
finished. 

The timber for the dam and head-gates has been bought, and 
is now being transported to the head-waters of the canal, and 
the dam will be put in at the next low water. 

The contract for the remaining work has been let, and it is 
to be finished on or before the 15th of April, 1895. We expect 
to be able to deliver water at the upper end of the canal in 
1894, and to supply water to any part of the lands after April, 

1895. 

The annual water rentals will be $1.50 per acre for one crop, 
and $2.50 per acre for two crops, while for such crops as sugar- 
cane, alfalfa, and other plants that require constant irrigation 
the year round, the rental will be $3.00 per acre per year, all in 
Mexican money. At the present rate of exchange, $1.00 of 
our money is equivalent to about $2.00 Mexican money. After 
deducting the land to which Don Carlos Conant and his 
associates are entitled under the Company's contract with 
them, and the lands to which the stockholders and bondholders 
will be entitled in the way of exchange for their securities, the 
Company will have left about 350,000 acres, of which 250,000 
acres will be irrigated lands under the canal. 

The stockholders will be entitled to participate, therefore, in 
the proceeds of the sale of this 350,000 acres of land, and in 
the profits arising from the water rentals, and in the benefits 
conferred by the concession generally. 

The water rentals alone, when the canal is in full operation, 
will, it is fairly estimated, amount to at least $400,000 a year, 
and the expense of maintenance will certainly be less than 



7 

$100,000. Astute and level-headed men connected with the 
enterprise expect this land to be worth $ioo an acre, and the 
stock $ioo a share. A boom such as they had in California 
would send it up to four or five times these prices, but we will 
leave the Californians a monopoly of the boom business. 

Among the many men interested in the enterprise, either as 
its responsible managers or stockholders or investors, are the 
Chief Engineer, Col. E. S. Nettleton of Colorado, the friend of 
Horace Greeley and Nathan C. Meeker, and the engineer who 
was selected to build the Greeley Canal in Colorado, the first 
irrigating canal in the United States; and afterward the High 
Line Canal above Denver, which, when it was built, was the 
longest in the United States ; Captain Mann, so long associ- 
ated with the Pecos Valley irrigating enterprise at Eddy, New 
Mexico ; Don Carlos Conant, to whom the concession was 
originally granted in recognition of the distinguished services 
he had rendered to Mexico, as well on the battle-field as in the 
council chamber; Mr. Charles H. Nettleton of Birmingham, 
Conn.; Col. A. R. Buffington, U. S. Army ; Mr. John Burke, 
Surrey, England ; Mr. William H. Corbin, Jersey City, N. J. ; 
Hon. Jos. C. Hendrix, President of the National Union Bank 
of New York, and Member of Congress for the Third District, 
Brooklyn ; Mr. Johns Hopkins, Philadelphia ; Herbert H. 
Logan, Phoenix, Ariz. ; Jas. F. Merriam of Springfield, Mass. ; 
E. C. McNeil of New Haven, Conn. ; James L. McKeever, 
Chicago ; Dr. Frederic Plank, San Jose, Cal, ; Hon. Marcus 
Rosenthal, San Francisco; Mr. Frank French and Prof. S. M. 
Woodbridge of Los Angeles ; Arthur L. Reed of Whittier, Mr. 
A. Scott Chapman of San Gabriel, California ; Mr. Louis H. 
Scott and Salter S. Clark of New York ; Mr. John Woodford 
of Winsted, Conn. ; Mr. Abraham Van Siclen of Jamaica, L. 
L ; Mr. Geo. W. Kenyon, New York ; Mr. George H. Sexton, 
Hempstead, L. L, and Mr. Charles E. Phelps of Bay Shore, 
besides many perhaps equally well-known persons of the other 
sex. 



They are the kind of men and women who' succeed in what 
they undertake. 

Subscriptions to the new Land-Convertible Stock may be 
made on the accompanying blank. 

WALTER S. LOGAN, 
Prcs. Sonora and Sinaloa Irrigation Co. 

New York, May 24, 1894. 



APPENDIX. 



Baron Alexander von Humboldt, in his celebrated Political Essay on 
the Kingdom of New Spain, Vol. II., page 418, published in 1808, says that 
the aridity of some parts of Mexico "is compensated for by the extreme 
fertility observable in the basins of the Yaqui [spelled then Hiaqui], the Mayo " 
and some other rivers in that part of the country. 

Ward, in his celebrated book Mexico in 1827, Vol. I., page 582, says: 

' ' The Valley of the River Yaqui, up to or near the presidio of 
Buena Vista [just above the head of our canal] is a fine and fertile country, 
inhabited by the Yaqui and Mayo Indians, who are very numerous and live 
in towns, their houses being surrounded by beautiful gardens, highly culti- 
vated, each family having one. Farther inward [beyond the reach of their 
primitive methods of irrigation, but directly under the line of our canal] 
is fine pasturage abounding in an infinite variety of herbs." 

And Vol. II., page 588, he says, speaking of the same country : 

' ' The whole of this country is rich in every variety of agricultural 
produce, for besides wheat, maize, and barley, the sugar-cane grows in the 
valleys, with figs, pomegranates, peaches, grapes, and numberless other fruits. 
Horned cattle, mules, and horses abound throughout the Province, and to 
these advantages are added a most delightful climate and the facility of a 
communication by water with the port of Guaymas." 

H, H. Bancroft, the historian, says in North Mexican States, Vol. II., 
page 748 : 

' ' The Yaqui Valley is Egyptian in temperature and in the Nile-like 
inundation of its fertile bottoms. "With irrigation. Nature yields her 
treasures in such lavish abundance and variety as to mark Sonora as one of 
the richest spots on earth." 

Mr. Hamilton, in his very valuable book upon The Border States of 
Mexico, says of the Valley of the Yaqui : 

' ' Its rich bottom lands are the most fertile of any in the State, and raise 
in spots now under cultivation wheat, sugar-cane, cotton, the indigo plant, 
tobacco, and the various cereals. If brought under control by proper 
agriculture, its valuable lands could produce immense quantities of all the 
products that an alluvial soil well irrigated will produce. 

' ' Here is an opportunity for colonization that is unrivalled in the United 
States or the Republic of Mexico. The land is easily irrigated from the 
river, and would provide homes for the colonization of a large population." 



Seiior Velasco, of Mexico, speaking of this valley says : 

"Sheep raised upon its nutritious grasses attain the size of a yearling 
calf." 

Mr. Alexander Willard, for many years United States Consul at 
Guaymas, says : 

"Your lands are the choicest in Sonora, decidedly so. They are all 
good. There is no doubt about it." 

Mr. Herbert R. Patrick, of California, a well-known irrigation engineer and 
land expert, who surveyed these lands during 1891 and 1892, and laid out the 
line of the canal over them, says : 

"I have never seen a large area of land with such remarkable uniformity 
of surface, which will aid the perfect distribution of water so that each piece 
of land can receive its pro rata, with the same facihty for the complete 
and most economic irrigation, and there cannot be one foot waste land in the 
entire subdivision of three hundred blocks, comprising nearly three hundred 
thousand acres, and constituting an empire that offers great promise to the 
farmer, the orchardist, and the investor. , . . 

" The character of soil found here is quite similar to that of California 
and other fruit-growing districts, though I should pronounce this much more 
fertile than of any similar district, as there is evidently much more organic 
matter arising from a superabundance of grasses and other small vegetation, 
than is found in most so-called desert regions. 

" The range of products is undoubtedly greater here than in California 
and other sections of more northern latitudes, and will doubtless include many 
varieties of semi-tropical fruits not grown in the United States. 

" / unhesitatingly pronounce this district the best I have seen in irriga- 
tio7i problems, and I earnestly recommend it to my fellow-Americans.'''' 

Don Carlos Conant says of the property : 

" I have been familiar with all of this land from my boyhood. I was 
born within sight of it. I have lived there on it or near it almost all my life. 
I have journeyed over every part of it hundreds of times. I know it thor- 
oughly. It is all an alluvial deposit to a depth of thirty or forty feet. It will 
produce any crop in abundance which can be grown anywhere. Search the 
world over, and you cannot find more fertile soil, a more genial chmate, or 
better conditions for success, when the water for irrigation which we are 
bringing with our canals from the exhaustless and never-failing Yaqui River 
is once upon it." 

Mr. James F. Merriam, a well-known expert on land-values, says : 

" This land will, when irrigated, produce in great abundance cotton, 
limes, lemons, oranges, raisin-grapes, wheat, com, alfalfa — a noble array of 
products. To those unfamiliar with the last named, I would say that an acre 
of it will produce in the course of a year from six to ten tons of the alfalfa, a 
species of clover equal in nutritive quahty to the finest English hay. 



' ' Twenty acres of this land in mature cultivation will amply support a 
family of four or five persons. I believe that the tract of land as a whole will 
abundantly support, when under cultivation, a population, roundly speaking, 
of a hundred thousand people." 

Mr. Albert E. Lott, a very capable engineer and land surveyor, who spent 
several months on this property, says : 

" I regard it as the best piece of land in Sonora, decidedly so." 

Mr. Hugh T. Richards, for ten years General Manager of the Mexican 
Division of the Atchison, Topeka and Santa Fe Railroad system, says: 

" It is a most admirable and valuable piece of property." 

Mr. Walter S. Logan, in an address delivered in New York, December 
1 6, 1891, before a distinguished body of gentlemen interested in Mexico, said : 

" I have called this Sonora and Sinaloa country, the land covered by 
Conant's concession and the theatre of his work, ' The Empire of Don 
Carlos.' It is larger in extent than the country of Ancient Athens or Sparta, 
as large as the old Castile of good Queen Isabella, the patroness of Columbus, 
and larger than many of our North American States. It is as fertile as the 
valley of the Nile, and more productive than the prairies of Illinois. Wheat 
grows better there than in Minnesota and Dakota ; it rivals Iowa and Ne- 
braska in Indian com ; it raises better barley than Canada, as good cotton as 
South Carolina, tobacco equal to that of Cuba, and coffee better than Brazil ; 
while there is no part of the United States and but few regions in the West 
Indies which can equal it for sugar. But it is as a fruit-growing country that 
it is to be most famous. Its neighbors on the north. Southern California and 
Arizona, are now beginning to supply our Eastern markets with the most 
luscious fruit ever grown in the world, and Sonora had already shown them 
that she is no mean rival in this most profitable trade. The Hermosillo 
oranges, grown within thirty miles of the Yaqui River and near where Don 
Carlos was born, are unrivalled for their flavor, and bring the highest prices 
in any market to-day to which they have access. The banana, cocoanut, the 
pineapple, and all the tropical fruits reach a perfection here which they have 
never attained on the Mediterranean, and the figs of Sonora are superior to 
those of Smyrna. 

Prof. George A. Treadwell, whose researches on the Pacific Coast com- 
menced before an irrigating canal had been built during historic times in that 
part of the world, and who is thoroughly familiar with all parts of Sonora, 
says: 

" It is the most magnificent enterprise of its kind in the world. The land 
is fertile, the water supply unfailing, the climate genial, and all the conditions 
of success exist in abundance." 

Col. Richard J. Hinton of the United States Department of Agriculture, 
whose reports on Irrigation have attracted so much attention both in this 
country and in Europe, says : 



" I traveled over this land many years ago. I have inspected and exam- 
ined nearly every irrigation enterprise in North America. I have never seen 
anything superior to yours. There is no better land in the world and the cli- 
mate is unsurpassed. You are laying the foundations of a great State." 

Mr. F. H. Todd of Arizona, an eminent irrigation engineer who spent con- 
siderable time in an examination of this property, says of it : 

'•The character of the soil is one of great fertility, and will grow all of the 
semi-tropical fruits and grasses, and, I would judge, nearly all the tropical 
fruits. With such a system of irrigation as is now in use in the southwestern 
part of the United States, the crops which could be produced would be simply 
enormous. 

"The soil is not only very rich, but is of almost unknown depth, being in 
some places more than sixty feet deep. The tract of land owned by the com- 
pany, for uniformity of soil and general character of the surface for so large 
an area, is equalled by few, if any, tracts of land on the continent. 

' ' The climate is fine ; in winter very rarely any frost, and in summer not as 
warm as the southwestern part of the United States. The air is very dry, thus 
enabling fruits to be cured with no loss and without the aid of artificial heat. 

"This canal project is one of great magnitude, and cannot but be an un- 
qualified success. The water is there in sufficient quantities at the time when 
needed to irrigate the land. There is a large body of land, of a quality 
capable of producing nearly anj^ kind of crop. The climate is such that no 
loss of crop need ever be had. All that is needed is to apply the water, and 
put in and take care of the crop. Nature has done the rest. I have no hes- 
itancy in recommending the enterprise to be a good one and the expense of 
acquiring water in this instance is less per acre than in any other canal enter- 
prise I have ever examined." 

Hon. J. DeBarth Shorb, President of the State Board of Viticultural Com- 
missioners of California, speaking of a very similar district in his own State, 
says: 

' ' When I first commenced my irrigating enterprises, the income derived 
from the San Gabriel valley, comprising two hundred square miles of terri- 
tory, did not exceed $50,000. A greater income than that is now derived 
from one hundred acres of carefully cultivated orchards. Then land was 
worth not more than an average of $8 an acre ; now its value is $200 an acre 
for lands having no water, and $500 an acre for irrigated lands. Since I came 
East a tract of two hundred acres, without water, has been sold at a cash 
price of $300 an acre. From these lands a revenue is derived, more than 
sufficient to justify these prices. All this is solely the result of scientific 
irrigation." 

Mr. Herbert H. Logan, an irrigator of great experience and success in 
Arizona, and who has traveled extensively in Mexico, says : 

"This land produces every fruit grown outside of the tropics to perfection. 



13 

The farmer can pick from his garden the peach as early as the 20th of May, 
and all fruits develop and reach a perfection only known to a southern or 
semi-tropical climate. What is true of the peach is true of the pear, the apri- 
cot, the prune, the fig, the nectarine, the pomegranate, the grape, the walnut, 
the almond, the orange, lemon, and lime. It is a land where the orange can 
be had fresh from the tree every morning in the year, where the strawberry 
can be grown and will produce out of doors twelve months in succession, and 
with a climate reaching almost perfection. 

"At your price, water-rights thrown in, the land is dirt cheap. If our ex- 
perience here in Arizona is any criterion it will be worth from ten to twenty 
times that price inside of five years." 

Col. E. S. Nettleton (and in such matters he is an oracle) speaking of these 
lands, says: 

" Of the 400,000 acres of land lying below the line of the canal, there is 
hardly a square foot which the canal will not irrigate, and it is all rich in the 
mineral fertiHzers which form a fine soil of great fertility. 

' ' The climate, the quick and fertile soil, with a control of the moisture by 
means of irrigation, render the Yaqui country capable of producing, two crops 
a year. The late fall, winter, and early spring season is adapted for raising . 
such farm products as are grown in a more northern country and colder cli- 
mate, and the late spring, summer, and early fall season is adapted to the 
semi-tropical and some of the tropical products. Corn planted the first of 
March can be harvested the first of June, and the second crop can be planted 
about July I oth and harvested the last of October; while the same ground 
can be sown to wheat in November or December and harvested in May. 
Beans may be planted the first of August and harvested in November and 
December, and the second crop, planted in April, can be harvested in June. 
Cotton grows from three to five years without re-planting. Alfalfa grows 
throughout the whole year, and five crops can be cut, besides furnishing fine 
pasturage throughout the fall and winter months. Many of the other products 
of the farm can be so timed as to planting that two crops can be successfully 
raised each year, and the market gardens can be ![so managed as to furnish 
fresh vegetables through a large portion of the year, by planting them at 
different intervals. 

"The land produces luxuriant crops of cotton, sugar-cane, tobacco, indigo 
plant, oranges, lemons, sweet limes, grape-fruit, dates, figs, olives, bananas, 
grapes, pomegranates, cocoanuts, mangoes, and all like products. 

" It is a fresh water deposit of alluvial soil, not much unlike that of the 
Nile valley in Egypt, which it closely resembles in texture as well as chemi- 
cal construction. 

"I understand that some of the California people who desire to go into 
fruit-raising have an eye on Yaqui. In California and other places where 
the semi-tropical fruits can be raised, a man with ordinary means finds it 



14 

impossible to get land and water on account of the high prices at which these 
are held. These practical fruit-growers will be a valuable addition to the 
Yaqui country, as their holdings will naturally be small and their trained 
methods in growing and preparing fruits for the markets will be a good ob- 
ject lesson for those to follow who are soon to engage for the first time in 
this branch of horticultural work. There is something very enticing in the 
business of cultivating the soil in a country where so many of the delicacies 
and luxuries of life can be grown and disposed of at a good round profit, and 
I believe that this alone will draw a large immigration to the Yaqui country. 

"I believe that Riverside, California, can be duplicated within a very short 
time. All you need is the right kind of people. You have everything else 
that they have, and more too, besides bed-rock prices for the land and 
water. 

" I know that from my own State of Colorado many settlers are ready to 
come as soon as we are ready for them. These were the pioneers that built 
up that State, and they are a class of intelUgent, restless, energetic men, the 
best of all pioneers, who will make a success of any country of which they 
take hold. . . . 

" Your land, and even a class of land inferior to yours, in the semi-tropical 
cHmate in the United States, with a water-right attached, brings anywhere 
from fifty to one thousand dollars an acre in its raw state, according to loca- 
tion. I have never known of such a low price as you are giving being put on 
lands in the United States with a water privilege, even in sections where only 
the common farm products in a northern climate can be raised. . . . 

" If your lands and your water -rights on the Yaqui River were in Colorado, 
they would easily be worth thirty million dollars as they stand to-day ; and 
I am not at all sure that they are not really more valuable in Sonora than 
they would be in Colorado. In the one State you have the advantage of the 
American flag, and in the other of perpetual sunshine and a growing year 
twelve months long. The sunshine and the long growing year will always 
remain as an advantage to Sonora. The constantly improving condition of 
affairs in Mexico will be likely to make the question of nationality one of less 
and less importance each succeeding year. 

" During the short time which has elapsed since my return to Colorado, I 
have talked this enterprise over with many of my old friends here. They 
are the pioneers who have hewn a civilization out of this mountain wilder- 
ness and made it what it is, a far Western New England, and I know that 
many of them are willing to follow me in Sonora now as they followed me in 
Colorado in years gone by ; and the Yaqui country is so full of attractions 
for me, has so many possibilities and so bright a future, that although I had 
thought that my work in reclaiming the desert here, and in helping to build 
up the State of Colorado, had entitled me to a rest for the remainder of my 
life, I cannot resist the temptation you put in my way, and am ready, if you 



15 

wish it, to lead my old comrades and co-workers into the land of the Yaqui 
as I did years gone by in the Valley of the Platte and the Cache la Poudre, 
and try to found for them and for you a new Greeley in a land where there 
is no winter, and where flowers bloom and crops grow alike in January 
and in June." 



^^—"■^^<^M 



.< 



\3 




• a. 



^8g4- 

WALTER S. LOGAN, 

^res. Sonora and Sinai oa Irrigation Co., 
^8 Willia-m Street, J\[ew York. 

(Dear Sir : 

I hereby subscribe for shares of the new 

Land= Convertible Stock of the Sonora and Sinaloa 
Irrigation Company at ^6 per share, in accordance 
with the terins of your circtdar of May 24th, i8g4. 

Yours truly. 



LIBRARY OF CONGRESS 




015 829 701 2 . 




